Activities of Helga TRÜPEL related to 2010/0101(COD)
Plenary speeches (1)
EU guarantee to the EIB against losses under loans and guarantees for projects outside the EU (debate)
Amendments (7)
Amendment 63 #
Proposal for a decision
Recital 12
Recital 12
Amendment 67 #
Proposal for a decision
Recital 13
Recital 13
(13) Under this decision, the EIB should increase its development orientWhile the EIB's strength remains its distinctiveness as an investment bank, under this decision, the EIB should frame the development impact of its external operations in close coordination with the Commission and following the principles of the European Consensus on Development and those set out in Article 208 TFEU, as well as the principles of aid effectiveness outlined in the Paris Declaration of 2005 and the Accra Agenda for Action of 2008. This should be implemented through a number of concrete measures, in particular by reinforcing its capacity to appraise environmental, social and development aspects of projects, including human rights and conflict related risks, and by promoting local consultation with public authorities and civil society. Local consultations should take place within EIB's project due diligence. Moreover, it should increase its focus on sectors where it has sound expertise from financing operations within the EU and which will further the development of the country in question, (such as, inter alia, access to financial services for SMEs and micro-entities), environmental infrastructure including water and sanitation, sustainable transportation and climate change mitigation, particularly in renewable energy. Financing could also include projects in support of health and education, particularly in the area of vocational training and infrastructure, when there is clear added value. The EIB should also progressively strengthen its activity in support of health and education as well as of climate change adaptation, where appropriate working in cooperation with other International Finance Institutions (IFIs) and European bilateral finance institutions (EBFIs). This will require access to concessional resources and a progressive increasen increase, within a reasonable period, in human resources devoted to EIB external activities. EIB activity should also be complementary to EU objectives and priorities relating to institution building and sector reforms. Finally, the EIB shouldmust define performance indicators which are linked to development and environment aspects of the projects and their results.
Amendment 77 #
Proposal for a decision
Article 1 – paragraph 1 a (new)
Article 1 – paragraph 1 a (new)
1a. More generally, EIB financing operations shall contribute to the general principles guiding the EU's external action, as referred to in Article 21 of the Treaty on European Union, of promoting and consolidating democracy and the rule of law, human rights and fundamental freedoms, and contribute to the implementation of international environmental agreements to which the EU is a party. Compliance of the beneficiary country with the principles and objectives of the Aarhus Convention on Access to Information, Public Participation in Decision-Making and Access to Justice in Environmental Matters shall be ensured by the EIB at the different relevant stages of the projects. In relation to developing countries in particular, an underlying objective for EIB financing operations shall be the reduction of poverty through fostering: sustainable economic, social and environmental development of these countries, particularly in the most disadvantaged amongst them; sustainable management of global natural resources; their smooth and gradual integration into the world economy; the campaign against poverty; as well as compliance with objectives approved by the EU in the context of the United Nations and other competent international organisations. The EIB shall promote equal access to financial services, in particular for disadvantaged groups such as minorities, farmers and women. In order to adequately meet these requirements, the Council shall guarantee an increase in EIB resources and staff within a reasonable time, and should substantially build up means to adequately meet these requirements.
Amendment 79 #
Proposal for a decision
Article 2 – paragraph 4 a (new)
Article 2 – paragraph 4 a (new)
Amendment 87 #
Proposal for a decision
Article 6 – paragraph 1 – subparagraph 1
Article 6 – paragraph 1 – subparagraph 1
1. The EIB shall carry out thorough due diligence, including local public consultation, on development-related aspects of projects covered by the EU guarantee prior to project approval, including, in an appropriate form, the loan activity of financial intermediaries. The EIB's own rules and procedures shall include the necessary provisions on assessment of environmental and social impact of projects and of aspects related to human rights, to ensure that only projects that are economically, financially, environmentally and socially sustainable are supported under this Decision. The project appraisal reports adopted within the due diligence process shall be disclosed to the public. The Commission shall report annually to the European Parliament on the outcome of the due diligence.
Amendment 89 #
Proposal for a decision
Article 6 – paragraph 2
Article 6 – paragraph 2
2. In addition to the ex-ante assessment of development-related aspects, the EIB should strengthen its monitoring during project implementation, inter alia, on the development impact of the project. In reaching the small and medium-sized enterprises (SMEs), the EIB shall partner only with those local financial intermediary institutions that meet clear criteria developed by the Commission. These criteria will focus on ability to deliver clear impact in line with the EU development goals, local ownership of the financial intermediaries and an added value in comparison with market financing. Support of the SMEs shall be fully transparent and the value added of the EIB shall be reported regularly.
Amendment 94 #
Proposal for a decision
Article 8 a (new)
Article 8 a (new)
Article 8 a Public participation and disclosure of information 1. The EIB shall, together with the project promoter, take an active part in the organisation of public consultation on development, environmental and social aspects of the project. The EIB shall identify the public affected in the project financed by the EIB. The EIB shall ensure that the local population is informed about all key issues pertaining to the EIB operations carried out in a timely manner. 2. The EIB shall make documents relating to projects for which the EIB benefits from the EU guarantee directly accessible to the public in electronic form or through a register in accordance with its rules. The information to be made available and disseminated shall be updated as appropriate and shall include: - a description/summary of the project; - projects appraisal reports (assessment on environmental, social, human rights and development impacts of the project); - covenants and conditions on environmental, development and human rights related aspects of the projects; - monitoring reports on development, environmental and social related aspects of the projects; - ex-post evaluation reports on the contribution of the projects to economic development, poverty eradication, protection of the environment and strengthening of human rights.